Aadhaar card must be linked to PAN card: Income Tax Department
The Income Tax Department has issued a final warning to the people of the country. PAN card users will soon have to link their PAN cards with their Aadhaar cards.
The Income Tax Department said in a statement that people will have to link their PAN cards with Aadhaar before March 31 this year. Otherwise, the PAN cards will become inactive.
After the said period, if the PAN number was involved in bank transactions, it will be closed. There will also be complications in income tax returns.
However, customers will have to pay a fee for the PAN and Aadhaar card linkage process.